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MSIMotorola Solutions

Technology · Communications Equipment · NYSE
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The 10-K against last year's

164 changes: 24 added, 30 removed, 109 reworded, 1 quiet changes

10-K Feb 12, 2026 vs Feb 14, 2025
Risk FactorsRedline ↓
13.2%
of the text changed · 11,561 words now
MD&ARedline ↓
27.4%
of the text changed · 11,774 words now
Legal ProceedingsRedline ↓
45.9%
of the text changed · 990 words now
Accounting PoliciesRedline ↓
9.2%
of the text changed · 6,052 words now

10-K 0000068505-26-000010 (2026-02-12) vs 10-K 0000068505-25-000012 (2025-02-14)

The redline

The paragraph that changed most in each section

Marked against last year's 10-K: cut words struck through, new words highlighted and underlined.

MD&A 280 words changed in this paragraph; it is 51% similar to last year's version.
Segment Technology Acquisition Description Purchase Price Date of Acquisition Software and Services Video Security and Access Control Blue Eye Provider of AI-powered enterprise remote video monitoring ("RVM") services. $79 million and share-based compensation of $1 million November 18, 2025 Products and Systems Integration Mission Critical Networks Silvus Designer and developer of software-defined high-speed MANET technology. $4.4 billion and share-based compensation of $20 million August 6, 2025 & Software and Services Software and Services Command Center Theatro Creator of AI and voice-powered communication and digital workflow software for frontline workers. $174 million and share-based compensation of $5 million March 6, 2025 Software and Services Command Center RapidDeploy Provider of cloud-native 911 solutions. $240 million and share-based compensation of $6 million February 21, 2025 Software and Services Command Center 3tc Software Provider of control room software solutions. $22 $23 million and share-based compensation of $4 million October 29, 2024 Software and Services Command Center Noggin Provider of cloud-based business continuity planning, operational resilience and critical event management software. $91 $92 million and share-based compensation of $19 million July 1, 2024 Software and Services Video Security and Access Control Unnamed vehicle location and management solutions business Provider of vehicle location and management solutions. $132 million and share-based compensation of $3 million July 1, 2024 Products and Systems Integration Video Security and Access Control Silent Sentinel Provider of specialized, long-range cameras. $37 million February 13, 2024 Products and Systems Integration Video Security and Access Control IPVideo Creator of a multifunctional safety and security device. $170 million and share-based compensation of $5 million December 15, 2023 Software and Services Command Center Rave Mobile Provider of mass notification and incident management services. $553 million and share-based compensation of $2 million December 14, 2022 Products and Systems Integration LMR Communications Futurecom Provider of radio coverage extension solutions. $30 million October 25, 2022 Products and Systems Integration LMR Communications Barrett Communications Provider of specialized radio communications. $18 million August 8, 2022 Products and Systems Integration Video Security and Access Control Videotec Provider of ruggedized video security solutions. $23 million and share-based compensation of $4 million May 12, 2022 Software and Services Video Security and Access Control Calipsa Provider of cloud-native advanced video analytics. $39 million and share-based compensation of $4 million April 19, 2022 Software and Services LMR Communications TETRA Ireland Provider of Ireland's National Digital Radio Service. $120 million March 23, 2022 Products and Systems Integration Video Security and Access Control Ava Provider of cloud-native video security and analytics. $388 million and share-based awards and compensation of $7 million March 3, 2022 Software and Services

Source: Item 7, 10-K 0000068505-26-000010 vs Item 7, 10-K 0000068505-25-000012

Legal Proceedings 234 words changed in this paragraph; it is 34% similar to last year's version.
On December 17, 2020, Subsequently, the District Court held that ordered Hytera must to pay the Company a forward-looking reasonable royalty on products ("I-Series") that use the Company’s stolen trade secrets, and on December 15, 2021, set setting royalty rates for Hytera's sale of relevant products from July 1, 2019 forward. On July 5, 2022, the District Court ordered that Hytera pay into a third-party escrow on July 31, 2022, the royalties owed to the Company based on the sale of relevant products from July 1, 2019 to June 30, 2022. Hytera failed to make the required royalty payment on July 31, 2022. On August 1, 2022, Hytera filed a motion to modify or stay the District Court's previous July 5, 2022 royalty order, which the District Court denied on July 11, 2023. On August 3, 2022, the Company filed a motion seeking to hold Hytera in civil contempt for violating the royalty order by not making the required royalty payment on July 31, 2022. On August 26, 2023, the District Court granted the Company's contempt motion. As a result, on September 1, 2023, Hytera made a payment of $56 million into the third-party escrow. In addition to the September 1, 2023 payment of $56 million, Hytera has made de minimis quarterly royalty payments into the third-party escrow from October 2022 up through November 2024. Future royalty payments are expected to be paid directly to the Company. The aggregate amount 2024, amounts paid into escrow of approximately $61 million was were released to the Company on November 26, 2024 and was recorded as a gain within Other Charges (Income) charges within the Consolidated Statement of Operations. Hytera made quarterly de minimis royalty payments related to the I-Series products directly to the Company in 2025.

Source: Item 3, via Note 12 – Commitments and Contingencies, 10-K 0000068505-26-000010 vs Item 3, via Note 12 – Commitments and Contingencies, 10-K 0000068505-25-000012

Risk Factors 230 words changed in this paragraph; it is 54% similar to last year's version.
There is increasing scrutiny are evolving and evolving sometimes conflicting expectations from investors, customers, lawmakers, regulators and other stakeholders on ESG-related practices social and sustainability considerations and disclosures, including those related to environmental stewardship, climate change, diversity, equity and inclusion ("DEI"), human capital, forced labor, and workplace conduct. conduct and the use cases of our products. Regulators have imposed, and likely will may continue to impose, ESG-related social and sustainability-related legislation, rules and guidance, which may conflict with one another and impose additional costs on us or expose us to new or additional risks, including requiring additional reporting that will expand the public's access to our programs and metrics. In addition, recent "anti-ESG" sentiment has gained momentum in the U.S., metrics or impose changes to our manufacturing practices, operations and/or product designs. Additionally, some stakeholders may disagree with certain lawmakers our goals, initiatives and interest groups having proposed or enacted "anti-ESG" policies, legislation, or initiatives or issued related legal opinions. Furthermore, President Trump recently issued a series of executive orders, some of which target programs related to DEI and climate change. The Trump Administration has indicated that it will continue to scrutinize these programs. Moreover, certain organizations that provide information to investors have developed ratings for evaluating companies on their approach to different ESG-related matters, and unfavorable ratings of us or our industries may lead to negative investor sentiment other actions and the diversion focus of investment to other companies or industries. We have elected to share publicly our ongoing ESG-related efforts in our proxy statement, Corporate Responsibility Report, TCFD Report, and on our corporate website. stakeholders may evolve over time. Our business may face higher expectations as well as increased scrutiny related to these activities. Our failure or perceived failure to achieve our goals, further our initiatives, adhere to our public statements, comply with sustainability laws and regulations, or meet or maintain ESG-related goals or otherwise respond to anti-ESG efforts evolving and varied stakeholder expectations and standards could harm our reputation, adversely impact our ability to attract and retain employees or customers, expose us to increased scrutiny from the investment community or enforcement authorities or otherwise adversely affect our business and results of operations.

Source: Item 1A, 10-K 0000068505-26-000010 vs Item 1A, 10-K 0000068505-25-000012

Accounting Policies 113 words changed in this paragraph; it is 32% similar to last year's version.
In December 2023, September 2025, the FASB Financial Accounting Standards Board ("FASB") issued ASU Accounting Standard Update ("ASU") No. 2023-09, “Income Taxes (Topic 740): 2025-06, "Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Targeted Improvements to Income Tax Disclosures,” which expands disclosures in an entity's income tax rate reconciliation table and disclosures regarding cash taxes paid both in the U.S. and foreign jurisdictions. This Accounting for Internal-Use Software" to modernize the accounting for internal-use software costs. The ASU is effective for fiscal years beginning after December 15, 2024, 2027 and interim periods with annual reporting periods beginning after December 15, 2027, with early adoption permitted. The Company anticipates that it will have additional disclosures regarding cash taxes is still evaluating the complete impact of the adoption of this ASU on its financial statements and the income tax rate reconciliation once it adopts this ASU. disclosures.

Source: Item 8, Note 1 – Summary of Significant Accounting Policies, 10-K 0000068505-26-000010 vs Item 8, Note 1 – Summary of Significant Accounting Policies, 10-K 0000068505-25-000012

Every change, by type

Sentences and paragraphs added, removed or reworded

Sentences and paragraphs of MSI's Risk Factors and MD&A, 10-K 2026-02-12 against 10-K 2025-02-14. Each links to the text at sec.gov.

All 164 Added 24Removed 30Reworded 109Quiet changes 1
RemovedRisk Factors
With respect to the financial and political or regulatory risks of such contracts, in 2023 the CMA imposed a legal order on Airwave, which implemented the Charge Control. After the Competition Appeal Tribunal ("CAT") dismissed our appeal of the Charge Control, we appealed the CAT's judgment to the United Kingdom Court of Appeal, which denied our application for permission to appeal the CAT's judgment on January 30, 2025. With the United Kingdom Court of Appeal's ruling, revenue will continue to be recognized in accordance with the Charge Control.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedRisk Factors
In addition, after our receipt in March 2024 of the Deferred National Shutdown Notice from the Home Office, we recorded additional backlog of $748 million to reflect the incremental three years of services related to the extension of the "national shutdown target date" on the Airwave services to December 31, 2029. In April 2024 we filed proceedings in the U.K. High Court challenging the decision of the Home Office to issue the Deferred National Shutdown Notice as being in breach of applicable U.K. procurement and public law, and a hearing on this matter has been set to commence on April 22, 2025. The backlog related to the incremental years of service contemplated in the Deferred National Shutdown Notice could change depending on the outcome of the proceedings.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedRisk Factors
Increased focus on climate change has contributed to an evolving state of environmental regulation and uncertainty related to such regulation, as well as physical risks of climate change, could impact our business, results of operations, financial or competitive position.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedRisk Factors
Increased public awareness and worldwide focus on climate change has led to legislative and regulatory efforts to limit greenhouse gas emissions, which has resulted in and may continue to result in, more international, federal or regional requirements or industry standards to reduce or mitigate global warming. There continues to be a lack of consistent climate legislation, which creates economic and regulatory uncertainty. Additionally, legislative and regulatory efforts have focused on carbon taxes in certain areas where we operate. As a result, we may become subject to new or strengthened regulations, legislation or other governmental requirements or industry standards, and we anticipate that we will need to meet criteria related to reduction of greenhouse gas emissions, the elimination of certain constituents from products and increasing energy efficiency requirements. For example, the EU's Corporate Sustainability Reporting Directive, EU's Corporate Sustainability Due Diligence Directive and EU taxonomy initiatives will introduce, in staggered timelines, additional due diligence and disclosure requirements addressing sustainability that will apply to us in the coming years. These requirements will, and other increased regulation of climate change concerns could, subject us to additional costs, disclosures and restrictions, and could require us to make certain changes to our manufacturing practices, operations, and/or product designs, which could negatively impact our business, results of operations, financial condition and competitive position.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedRisk Factors
In addition, the physical risks of climate change (such as extreme weather conditions or rising sea levels) may impact the availability and cost of materials and natural resources, sources and supply of energy, product demand and manufacturing and could increase insurance and other operating costs. This may include, potentially, costs associated with repairing damage as a result of extreme weather events or renovating or retrofitting facilities to better withstand extreme events. Many of our facilities around the world, as well as our customers' and suppliers' operations, are in locations that may be impacted by the physical risks of climate change, and we face the risk of losses incurred as a result of physical damage to our facilities or those of our suppliers or customers such as loss or spoilage of inventory and business interruption caused by such events.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedRisk Factors
Since our 2022 tax year, the Tax Cuts and Jobs Act of 2017 has required that we capitalize and amortize our research and experimental expenditures over five or fifteen years, as applicable. This change in law had a materially negative impact on our cash tax liability in 2024, and we expect such change to continue to impact our cash tax liability through 2026, unless the provisions are repealed or deferred by Congress.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedMD&A
We manage our business organizationally through two segments: “Products and Systems Integration” and “Software and Services.” Within these segments, we have three principal product lines in which we report net sales: LMR Communications, Video and Command Center.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedMD&A
Our Command Center portfolio consists of cloud-native, on-premises and hybrid software solutions that support the complex process of the public safety workflow from "911 call to case closure." From the moment a person contacts 911, an array of individuals engage to gather information, coordinate a response and manage the incident to resolution. These individuals include call takers who answer and triage 911 calls; dispatchers who route calls to police, fire and emergency medical services to manage the response; first responders who support on scene; intelligence analysts who support the incident; records and evidence specialists who preserve information and evidence; detectives who manage cases; crime analysts who identify patterns and accelerate investigations; and corrections officers who oversee jail and inmate management.

Read it in 10-K 2025-02-14 at sec.gov ↗

Show the other 10
RemovedMD&A
To help ensure that individuals within the public safety workflow can work as efficiently, effectively and safely as possible, we believe it’s important that individuals within enterprises and communities can communicate and collaborate directly with public safety agencies, particularly during emergencies. Our Command Center portfolio offers solutions that are designed to help community members, enterprises and public safety agencies work together and share information in an effort to help prevent critical events from escalating and better inform an emergency response when an incident unfolds.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedMD&A
Our Command Center software is designed to support an emergency response. In the 911 communications center, we offer call taking and management software (including multimedia communication capabilities and AI-powered call transcription and language translation) and voice and computer-aided dispatch software to assign first responders to incidents. For emergency management teams, we offer mass notification and alerting (including panic button mobile applications) and incident collaboration software that aids in coordinating a multi-disciplinary response. In the field, we offer mobile applications that help first responders to collaborate with each other, remain connected to the information they need, manage an incident, capture critical information to support investigations, and remotely file reports. For information and support services teams, we offer integrated records and evidence management software, as well as solutions for managing tips and publishing crime maps to aid community engagement. For intelligence and investigations teams, we offer software that can unify voice, video and data in order to increase situational awareness from a single map-based view during a real-time incident response, and investigative tools to help uncover connections across records to generate leads and help close cases. For enterprises, we provide incident management and business resilience solutions that help secure people and facilities, as well as share information with public safety when an incident necessitates it.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedMD&A
Another area of public safety evolution is the increasing adoption of Next Generation 911 Core Services (“NGCS”), a group of products and services needed to create infrastructure connectivity in order to process a 911 call using Next Generation (“NG”) technology. The NG infrastructure is an Emergency Service IP Network ("ESInet"), which can carry voice, data and multimedia. ESInet enables 911 call takers at public safety answering points to respond to text, video and data. Our NGCS can be offered as a managed service and includes call routing, ESInet, location services, geographic information services, cybersecurity and our continuous communications network and security operations center dedicated to public safety.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedMD&A
Command Center also includes interoperability solutions that provide connectivity across LMR and broadband networks to help ensure that communication is not limited by coverage area, network technology or device type. Additionally, Command Center includes push-to-talk ("PTT") devices that deliver voice communications over LTE and Wi-Fi, and advanced back-end systems that enable and manage interoperable communications, capable of scaling from small enterprises to nationwide cellular networks. For example, a two-way radio network can connect with an LTE network, assisting individuals in communicating securely and more easily across technologies. These solutions can provide our public safety customers with the critical interoperability between multiple agencies' networks, facilitating a coordinated response.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedMD&A
Finally, as the Command Center market continues to evolve from on-premises to hybrid and cloud technologies to improve their operations, we offer both cloud-native applications and cloud features that enhance on-premises applications. We believe this flexibility helps our customers to optimize their investments and enhance their systems with the technologies of their choice.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedMD&A
In October 2021, the Competition and Markets Authority ("CMA") opened a market investigation into the Mobile Radio Network Services market. This investigation included Airwave, our private mobile radio communications network that we acquired in 2016. Airwave provides mission-critical voice and data communications to emergency services and other agencies in Great Britain.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedMD&A
In 2023, the CMA imposed a legal order on Airwave which implemented a prospective price control on Airwave (the "Charge Control"). After the Competition Appeal Tribunal ("CAT") dismissed our appeal of the CMA's final decision, we appealed the CAT's judgment to the United Kingdom Court of Appeal. On January 30, 2025, the United Kingdom Court of Appeal denied our application for permission to appeal the CAT's judgment. Since August 1, 2023, revenue under the Airwave contract has been, and will continue to be, recognized in accordance with the Charge Control.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedMD&A
On March 13, 2024, we received a notice of contract extension (the “Deferred National Shutdown Notice”) from the Home Office of the United Kingdom (the "Home Office"). The Deferred National Shutdown Notice extends the “national shutdown target date” of the Airwave service from December 31, 2026 to December 31, 2029, at the Charge Control rates. Our backlog for Airwave services contracted with the Home Office through December 31, 2026 was previously reduced by $777 million to align with the Charge Control. In 2024, as a result of the Home Office's notice of a contract extension pursuant to their Deferred National Shutdown Notice, we recorded additional backlog of $748 million to reflect the incremental three years of services. On April 11, 2024, we filed proceedings in the U.K. High Court challenging the decision of the Home Office to issue the Deferred National Shutdown Notice as being in breach of applicable U.K. procurement and public law. The hearing on this matter has been set to commence on April 22, 2025. The backlog related to the incremental years of service contemplated in the Deferred National Shutdown Notice could change depending on the outcome of the proceedings.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedMD&A
On December 5, 2024, a proposed class representative filed a claim with the CAT to bring collective proceedings against us, alleging that users of Airwave services during the period January 1, 2020 through July 31, 2023 suffered financial harm as a result of the pricing in effect during such time (the "Collective Proceeding"). The initial stage of the Collective Proceeding will involve "Certification" of the claim by the CAT, which we expect to be heard in 2025.

Read it in 10-K 2025-02-14 at sec.gov ↗

RemovedMD&A
We expect that our operations and supply chain will become increasingly subject to federal, state, local and foreign laws, regulations and international treaties and industry standards relating to climate change and other environmental and social impacts, risks and opportunities. For example, in the European Union (the “EU”), the EU Corporate Sustainability Reporting Directive, EU Corporate Sustainability Due Diligence Directive and EU taxonomy initiatives will introduce, in staggered timelines, additional due diligence and disclosure requirements addressing sustainability that will apply or we expect will apply, as applicable, to us in the coming years.

Read it in 10-K 2025-02-14 at sec.gov ↗

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